Mercury's achieved a strong return to profit.
BusinessDesk says the energy company's half year earnings before interest to December 31- reached $537 million.
It recorded a net $20 million dollar profit - up from a $67 million loss last year.
Chief executive Stew Hamilton says they're doing well and don't need to raise capital.
"We've been disciplined in how we manage our money, how we earn our money and spend it, so we're investing wisely, performing strongly - and I think that gives us options."
LISTEN ABOVE

Sam Dickie: Fisher Funds expert on the ongoing economic costs of the Iran war
03:34

Chris Quin: Foodstuffs North Island CEO on farmers raising questions over supermarket food prices
06:08

Jenee Tibshraeny: NZ Herald Wellington business editor on ASB facing a $6 million dollar fine for breaching anti-money laundering rules
04:43